Tow Truck InsuranceTOW TRUCK INSURANCE PROGRAMS

If you operate a tow truck business then you can’t do business without insurance. Tow truck insurance is required for any business that earns an income providing most tow services. Your business may be regulated by the Public Utilities Commission (in Ohio) and through the US Department of Transportation. This is true if you provide the following services but not all use of a tow truck will require Ohio and Federal registration. Here is a representative list:

  • Rotation Towing Calls (Police or Emergency Services Dispatch)
  • Auto Club Contractors
  • Full Service auto mechanical repair
  • Auto Body Shops
  • Roadside Service Providers
  • Auto Salvage and auction haulers
  • Contract Towing (for property owners)
  • Repossession and recovery of assets

Tow truck insurance helps reduce the financial risk that the tow truck company assumes when they hook, sling, or rollback and auto or truck onto their equipment. There are a variety of essential parts to an effective tow truck insurance policy and each of these can be selected to tailor a policy to your specific requirements.  The basic coverage is provided on a commercial business auto policy where all other coverage can be attached to make the policy of coverage you desire. Coverage can be broken down into liability coverage, physical damage on your owned vehicles, coverage on the towed property, including any legal liability for the damage you cause. Here is an outline of coverage options below:

Liability Insurance

  • Bodily Injury
  • Property Damage
  • Uninsured Motorist
  • Underinsured Motorist
  • Uninsured Motorist Property Damage

Physical Damage (Owned Vehicles)

  • Collision
  • Comprehensive (aka: Other than Collision)
  • Miscellaneous Property

Towed Property in your Care and Custody (On or Off Hook)

  • On Hook Towing Coverage (aka: Cargo Coverage)
  • Garagekeepers Legal Liability

Property Coverage (Also Available)

  • Buildings
  • Business Personal Property
  • Improvements and Betterments
  • Crime and Fidelity Coverage
  • Cyber Liability
  • Other Property Coverage including Inland Marine

State and Federal Filings

  • State Liability Filing
  • State Cargo Filing
  • Federal Liability Filings

Most tow truck insurance that is issued will require good driving records for the drivers. Most carriers can overlook a minor citation or two, or an accident. However, major violations like DUI, OWI, careless or reckless operation, and other major violations are often a reason to pass on the risk or ask for a driver to be excluded from coverage. Your customers are depending on you and your service when they call whether it is an accident or roadside service call. We are able to get the best discount and rates for operators who manage all aspects of their operation from equipment condition and care, through to and including the management of driver activity and motor vehicle violations and accidents.

We can provide coverage for towing operators from medium to extra heavy and extra extra heavy tow trucks including double and triple axle arrangements. Of course, we can also insure the light trucks with a single axle and all manner of towing hooks or rollbacks. In some instances we can also provide coverage to car carriers.

PROFESSIONAL ADVICE AND AGENCY SERVICE

There are requirements that must be maintained and these requirements vary slightly from one type of tow truck insurance risk to another. Quality coverage begins with understanding your needs and the extent of your operation.  If you would like personal attention and expert service, call and we can start a dialogue on how to help you insure your tow operation. I have nearly four decades of experience working with auto related business owners and have a unique and special connection to the auto repair and towing businesses because my father operated a gas station and auto repair shop, and towing service for almost fifty years as a part of his auto service business. I love working with business owners and especially those working in auto and truck related businesses. I respect the knowledge and hard work required to be business owners and entrepreneurs. This agency represents quality carriers that have the ability to provide the coverage your business needs.  Call and ask for Terry McCarthy at (513) 779-7920, 9-5 Monday – Friday most days. We are conveniently located at 8114 Paul Manors Dr in West Chester, OH 45069.

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